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LI AUTO-W: Company Will Not Initiate Layoffs
LI AUTO-W (02015.HK) CEO Li Xiang suggested that companies should avoid layoffs, as talent standards in the AI era are highly likely to differ from those of the previous era. Cutti...
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LI AUTO-W (02015.HK)  -0.450 (-0.723%)    Short selling $277.25M; Ratio 20.567%   CEO Li Xiang suggested that companies should avoid layoffs, as talent standards in the AI era are highly likely to differ from those of the previous era. Cutting staff at the outset could result in dismissing the best employees based on outdated criteria.

Li added that the company will not initiate layoffs. During its AI upgrade process, AI will automatically screen employees through a natural selection mechanism: those who feel they are not suitable will leave on their own, and those who believe the company is not suitable will also depart voluntarily.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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